Tag Archives | aerolineas argentinas

Buenos Aires News: Edition 4

news buenos aires1 300x222 Buenos Aires News: Edition 4Seems like our new Buenos Aires News idea was popular enough to be “borrowed” on another site, so I guess we’re doing something right.  (Though some credit would have been nice.)

Argentina Playboy Bunny Campaigns for Whales in Chile  [Merco Press]
Argentine top model Vanesa Carbone cat-walked topless in front of the Japanese embassy in Santiago de Chile to protest Japan’s indiscriminate whale hunting and the use of animal skins in human clothing. Save the whales! (And yes, there is a photo on their site too.)

Spain’s Bets Sour in Latin America [Wall Street Journal]
Argentine lawmakers Wednesday approved a draft law to seize back the country’s largest airline Aerolineas Argentinas and its subsidiary Austral from its owners, the Spanish group Marsans. The measure approved by Argentina’s lower house of Congress Wednesday declared Marsans’ properties to be “of public utility,” which is enough under Argentine law to allow expropriation. Marsans claims the airline is worth $250 – $450 million while the Argentine government wants to pay 1 peso (.30 cents) for the airline.

Argentine political soap opera bubbles along [San Francisco Chronicle]
Argentine Vice-President Julio Cobos has become an outcast in the government after he cast the tie-breaking vote in July’s farmer’s strike against his boss President Cristina Fernandez, but his popularity soared.  His approval rating is twice that of the president in some approval polls, but that doesn’t mean it’s any easier to come to work for him.

Yes, We Have No Monedas! [Slate]
Subtitled “Inside the world’s most annoying economic crisis,” this is yet another story about the shortage of coins in Buenos Aires and the many interesting ways people are dealing with it. Michelle and Tom’s blog has their own interesting experiences with the Argentine coin shortage. Truly a strange problem to see…

Fernandez Unveils Stimulus Plan for Argentine Economy [Bloomberg]
Argentine President Cristina Fernandez de Kirchner has unveiled a 13.2 billion-peso ($3.9 billion) plan to spur the country’s consumption and exports in a bid to counter the effects of the global financial crisis. Whether it works or not remains to be seen.

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Buenos Aires News: Edition 2

news buenos aires1 300x222 Buenos Aires News: Edition 2More interesting news from Buenos Aires this week:

Argentine court intervenes in Aerolineas Argentinas [Reuters]
An Argentine court agreed to oversee the day-to-day running of the country’s main airline on Friday amid signs the government is moving to expropriate the carrier from its Spanish owners.

Airline Grab Gains Ground in Argentina [The Wall Street Journal]
An Argentine congressional committee recommended that the government nationalize flagship airline Aerolíneas Argentinas, in a move likely to heighten investor concerns about the country.

Barack Obama Calls Cristina Fernández [The Argentine Post]
President-elect Barack Obama called Argentina’s president, Cristina Fernandez on Tuesday, November 18th and had a 10 minute conversation with her.  She had previously announced her preference that he win the presidency and sent a congratulatory note to him when he won.

Where is the Argentine Peso Headed [The Argentine Post]
A good summary of the peso’s decline, why it’s not declining faster, and what we might expect in the future.

Argentines react to pension nationalization [Washington Post]
Argentine officials on Friday praised the nationalization of $23 billion in private pensions as good news for workers, while opposition leaders called it more of a looting than a reform.

Buenos Aires to Get Tour Buses [Hostel Colonia]
One familiar site in NYC and many other major cities of the world are the double-decker Hop-On, Hop-Off tour buses that you see taking tourists around the city. They can be a convenient way to quickly see a lot of a city when you don’t have much time to spend there. (I’ve been on them in Barcelona, Dublin, and a few other cities.)  With the huge explosion of tourism in Argentina, it was surprising that there was no tour buses here.  Well, as of January, that will no longer be the case as 8 new buses are coming to take tourists from La Boca to Palermo.

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